LeadCorp, the No. 1 Lending Company, Suffers Hacking Incident with Account and Credit Information Leak
LeadCorp's subsidiary, NR Capital, experienced a hacking attack that compromised customer credit information, prompting an investigation by the Financial Supervisory Service.
Nestlé subsidiary crowned Product of the Year
Nestlé Pure Life has been awarded the 2025 Product of the Year by LEADERSHIP Newspaper for its excellence in the hydration sector.
Sotka and Asko: A New Surprise Beneath the Line
KH Group, formerly known as Sievi Capital, reported strong financial results despite previous controversies and challenges from a subsidiary's bankruptcy.
For 6 billion dollars, Saudi Arabia acquires the video game division of ByteDance
Saudi Arabia is expanding its influence in the video game industry by acquiring ByteDance's gaming subsidiary, Moonton, for over $6 billion.
E-Piim's debts have put farmers in a difficult situation
Farmers who sold milk to the bankrupt E-Piim are struggling financially, prompting cooperative members to propose selling a subsidiary in Latvia to ease their monetary troubles.
Government to Principally Ban 'Duplicate Listings'... KOSDAQ to Implement Promotion and Relegation System for Divisions 1 and 2
The South Korean government announced a plan to principally prohibit duplicate listings of parent and subsidiary companies to protect minority shareholders and improve the valuation of the domestic stock market.
Stock Market: The Stock that's Running at Full Speed
The stock of Unibios has surged by 28% over the past two weeks, benefiting from the strong performance of its subsidiary Osmosun, recently renamed Watera.
E-piim plans to sell Latvian dairy to cover debts
E-piim is planning to sell its Latvian subsidiary, a dairy plant, in order to address its debt issues.
Volkswagen subsidiary: Profit increase at Audi - mainly due to compensation payment from VW
Audi reported a profit increase in 2024, largely attributed to a substantial compensation payment from its parent company, Volkswagen.
U.S. Court: Krafton's 'Dismissal of Subsidiary Executives' is Unjust
A U.S. court has ruled that Krafton’s dismissal of its subsidiary executives was unjust, spotlighting the firm's controversial management practices.
Britannica Encyclopedia sues OpenAI for alleged misuse of its material in training artificial intelligence
Britannica Encyclopedia and its subsidiary Merriam-Webster have filed a lawsuit against OpenAI in federal court for allegedly using their reference materials to train AI models.
A long pipeline is being built for heating Narva
A new heating pipeline nearly twenty kilometers long is set to be built in Narva for heating purposes, with the project awarded to Enefit Industry, a subsidiary of Eesti Energia.
End of the brand from Fulda: Tegut had no chance
The Swiss company Migros has decided to sell its unsuccessful subsidiary Tegut, which couldn't compete in the aggressive German grocery market.
Twist Group must fend off another insolvency proposal targeting Trdlokafe
Twist Group is facing a new insolvency proposal concerning its subsidiary Trdlokafe, necessitating urgent attention to resolve the issue.
Boualem Sansal leaves his historical publisher Gallimard, which expresses its 'disappointment'
Boualem Sansal has left his long-time publisher Gallimard, expressing disappointment over the decision, and he is reportedly in talks to join a subsidiary of Hachette.
Edeka Takes Over: End for Tegut
The Swiss cooperative Migros Zürich will sell its German subsidiary Tegut to Edeka, resulting in the eventual dissolution of the Tegut brand.
Special audit reveals: Lakea subsidiary has illegally financed parent company
A state audit found multiple deficiencies in the operations of Lakea Kiinteistöt Oy, a subsidiary of the bankrupt housing developer Lakea, indicating illegal financing activities.
Dacia Striker: Design Strike
Renault's subsidiary Dacia is expanding its range with a new elevated station wagon model named the Striker, designed for enhanced style and practicality.
Nordea fined millions - 'committed serious negligence'
The European Central Bank has fined Nordea 2.26 million euros for improper reporting of credit risks by its subsidiary Nordea Finance Finland.
"Serious suspicions have emerged." Why shares of Strnad's arms factory fell
Shares of CSG, the arms manufacturer owned by billionaire Michal Strnad, have plummeted due to undisclosed information regarding its Spanish subsidiary being blacklisted by NATO.
Itochu Consolidates IP Business, Streamlining Production and Merchandise Development
Itochu has announced the establishment of a subsidiary that consolidates its intellectual property (IP) business, focusing on anime production and merchandise development.
Codere's online subsidiary accumulates 115 million losses since partial sale in 2021
Codere Online Luxembourg has reported significant financial losses, reaching a total of 115 million euros since its partial sale in 2021, with 1.8 million euros lost in 2025 alone due to increased spending on long-term incentives.
OQ Technology: Development and funding of 25 million from the EIB
OQ Technology, a European satellite telecommunications company with a subsidiary in Greece, has secured €25 million funding from the European Investment Bank to enhance its investment plans and accelerate its technology development.
New Nexperia Dispute: China Warns of Another Chip Crisis
The ongoing dispute between Dutch chip maker Nexperia and its Chinese subsidiary could lead to another global semiconductor crisis, as China warns the Netherlands of the potential consequences of this conflict.
USA has lifted sanctions on Rosneft's German subsidiary
The U.S. has lifted sanctions on Rosneft Deutschland GmbH, resolving months of uncertainty regarding the company's status in Berlin.
Compass, Cosan's company, requests registration to go public in Brazil
Cosan's subsidiary, Compass Gás e Energia, has filed for an initial public offering (IPO) in Brazil and is seeking to upgrade its listing level on the B3 stock exchange.
"ChatGPT is not a lawyer" - Nippon Life sues OpenAI
Nippon Life's US subsidiary has filed a lawsuit against OpenAI, claiming that ChatGPT, which lacks a legal license, provided legal advice leading to unfair litigation.
US to exempt Russian oil giant’s German units from sanctions – Bloomberg
The US plans to exempt the German subsidiary of Russian oil giant Rosneft from sanctions to maintain refining operations amid concerns over potential disruptions in oil supply.
Loss from Ticket Sales: City Saves 'München Ticket' from Bankruptcy
The city of Munich has provided its subsidiary 'München Ticket' with a financial support of 1.2 million euros to prevent its bankruptcy, amidst ongoing financial losses.
The Spanish Dcoop, the world's leading oil producer, suspends the purchase of 100% of its US subsidiary due to Trump's threats
Spanish cooperative Dcoop has suspended plans to acquire the remaining 50% of its US subsidiary Pompeian amidst trade tensions with the Trump administration.
Establishment of a new subsidiary by the Greek industry EODH in Cyprus
The President of EODH announced the establishment of EODH Dynamics Cyprus during an international conference in Nicosia, with government support for the new subsidiary focusing on enhancing defense capabilities.
Petrobras subsidiary in Paraná announces public contest with 126 vacancies; see how to participate
A Petrobras subsidiary in Paraná is opening a public contest offering 126 job vacancies in various fields with registration from the 2nd to the 23rd of the month.
China Resources subsidiary acquires Hong Kong hotel for student housing project
A subsidiary of China Resources has purchased a Hong Kong hotel to convert it into student housing as demand for non-local student accommodation surges.
Goodyear Logistics Center in New Hands
A logistics center in Tarnów, Poland, has been acquired by Hungarian company Appeninn Plc through its Polish subsidiary.
[Column] Coupang’s play in Washington
The interim CEO of Coupang's Korean subsidiary testified before the US House Judiciary Committee regarding allegations of discrimination against US companies by the Korean government.
Telefónica's Victory in Mexico: Justice Rules in Favor Against the Sheinbaum Government
Telefónica has won a significant legal battle in Mexico, nullifying a tax debt and allowing the sale of its subsidiary.
Urban Transport: Frederic Van Heems Takes the Helm of Keolis, a Subsidiary of SNCF
Frederic Van Heems has been appointed president of Keolis, the public transport subsidiary of SNCF, starting March 16.
Consumers: Telekom is laying more fiber optic connections to single-family homes
Deutsche Telekom announced an increase in fiber optic connections to single-family homes as part of its latest earnings presentation, showcasing significant growth driven by its US subsidiary.
Energean: Green light from the Hellenic Hydrocarbon Management Company for CO2 storage in Prinos
The Hellenic Hydrocarbon Management Company has issued a CO2 storage license in Prinos to Energean's subsidiary, EnEarth Greece, confirming the site's geological suitability.
Former Department Head of Kobe Steel Arrested on Special Embezzlement Charges for Spending 100 Million Yen on Gambling
Keiichi Izumiya, a former department head at Kobe Steel's subsidiary, was arrested for allegedly embezzling about 115 million yen by creating false invoices and using the funds for gambling.
A Mexican multinational reduces its size and closes a plant in Argentina
Ecopek, a subsidiary of the Mexican group Alpek Polyester, announced the closure of its recycling plant in Pacheco, Argentina, due to low demand and expectations for recovery without regulatory support.
OPAP: Spin-off of the gaming division – Renaming to OPAP Holdings
OPAP has spun off its gaming division into a new subsidiary, which has been renamed OPAP Holdings.
Estonian company offers mortgage bonds
The Estonian real estate developer Endover's subsidiary, Volta SKAI OÜ, has launched a public offering of mortgage bonds with a base amount of 3.5 million euros.
Itochu to Fully Acquire Itochu Foods Through TOB for 78.4 Billion Yen
Itochu Corporation has announced that it will fully acquire its subsidiary, Itochu Foods, through a stock purchase offer to enhance efficiency amid rising logistical costs in the food industry.
Libra Group: Sale of the aircraft leasing company, LCI, to the Japanese group Sumitomo Mitsui Finance and Leasing
Libra Group sells its aircraft leasing subsidiary LCI to Sumitomo Mitsui Finance and Leasing for full ownership transfer after previously acquiring a 35% stake.
The subsidiary of Kyodo News violates freelance law by failing to disclose conditions to reporters and shogi players
Kyodo News' subsidiary has been found in violation of freelance laws for not disclosing transaction conditions to freelance journalists and photographers, prompting a recommendation from the Fair Trade Commission for preventing future occurrences.
Panama takes control of two ports previously managed by a company connected to China – Transition period with operation by Maersk and MSC
The Panamanian government has taken control of two ports at the entrances of the Panama Canal, canceling concessions held by a subsidiary of CK Hutchison, and temporarily transferring operations to major shipping companies A.P. Moller-Maersk and Mediterranean Shipping.
City-owned subsidiary: "München Ticket" is facing insolvency
The city service company "München Ticket" is reportedly on the brink of insolvency, with a decision needed from the city council before the upcoming local elections.
Enel increases its investments by 23%, reaching 53 billion euros, in its new strategic plan for 2026-2028
Enel has announced a 23% increase in its investments, amounting to 53 billion euros, as part of its revised strategic plan for 2026-2028, with significant funds allocated to electrical networks and its Spanish subsidiary, Endesa.
Tallink lays off in Finland: negotiations involve dozens of employees
Tallink's Finnish subsidiary, Tallink Silja, will begin layoff negotiations affecting a total of 26 employees next week.